Uploaded June 2026 | Updated September 2026, 2 weeks ago
Crypto sentiment is at its worst level since the FTX collapse; the RSI is at an all-time low, Google searches are down, and the fear and greed index is screaming danger, so I sat down with my friend Tom Lee, Fundstrat's chief strategist and Chairman at Bitmine, to get his honest take on where Bitcoin, Ethereum, and the entire crypto market go from here. If you're sitting on unrealized losses right now and wondering whether to hold or fold, this is the conversation you need to hear.
Tom Lee is Co-Founder and Head of Research at Fundstrat and Chief Investment Officer of Fundstrat Capital, where he manages the Fundstrat Granny Shots ETF suite, including GRNY, one of the most successful equity ETF launches of the past two decades. He also serves as Chairman of the Board of BitMine Immersion Technologies, the largest Ethereum treasury company. He's a full-time contributor to CNBC's Fast Money, Tech Check, Halftime Report, and Closing Bell.
Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.
Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: scaramucci.net/allthewrongmoves
Timestamps
0:00 Tom Lee Introduction
1:12 Is capital being sucked out of crypto into AI?
3:05 Is Bitcoin in a 4-year cycle?
6:58 Tom Lee on Ethereum: "Price is lagging fundamentals."
8:55 Tom Lee: "AI agents might become wealthier than us."
9:46 Is Tom Lee worried about Quantum resistance in Bitcoin?
11:22 Anthony: "Michael Saylor has become the Bitcoin narrative."
14:35 Anthony's Bitmine bull vs bear case
18:21 Post-FTX conviction: Bitcoin went from $15K to $126K, what does that teach you?
21:47 Tom Lee: These are dark days, but July is a new month
Crypto sentiment is at its worst level since the FTX collapse; the RSI is at an all-time low, Google searches are down, and the fear and greed index is screaming danger, so I sat down with my friend Tom Lee, Fundstrat's chief strategist and Chairman at Bitmine, to get his honest take on where Bitcoin, Ethereum, and the entire crypto market go from here. If you're sitting on unrealized losses right now and wondering whether to hold or fold, this is the conversation you need to hear.
Tom Lee is Co-Founder and Head of Research at Fundstrat and Chief Investment Officer of Fundstrat Capital, where he manages the Fundstrat Granny Shots ETF suite, including GRNY, one of the most successful equity ETF launches of the past two decades. He also serves as Chairman of the Board of BitMine Immersion Technologies, the largest Ethereum treasury company. He's a full-time contributor to CNBC's Fast Money, Tech Check, Halftime Report, and Closing Bell.
Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.
Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: scaramucci.net/allthewrongmoves
Timestamps
0:00 Tom Lee Introduction
1:12 Is capital being sucked out of crypto into AI?
3:05 Is Bitcoin in a 4-year cycle?
6:58 Tom Lee on Ethereum: "Price is lagging fundamentals."
8:55 Tom Lee: "AI agents might become wealthier than us."
9:46 Is Tom Lee worried about Quantum resistance in Bitcoin?
11:22 Anthony: "Michael Saylor has become the Bitcoin narrative."
14:35 Anthony's Bitmine bull vs bear case
18:21 Post-FTX conviction: Bitcoin went from $15K to $126K, what does that teach you?
21:47 Tom Lee: These are dark days, but July is a new month
